Charity number: 1119260 Company numbor. 05705200 (England and Wales) Yogahomo Report of the Trustees and Unaudlted Financlal Statements For the year ended 31 March 2024
Yogahome Contsnts Page For the year ended 31 March 2024 Report of the Tnjstees 1to5 IrKJependent Examinerfs Report to the Trustees statement of Financial Acb"vibes Slatement of Finanaal Posttion statement of Cashfiows Notes to th8 Financial Statements 10t015
Yogahome Report of the Trustees For the yaar anded 31 March 2024 The Trust88s, who are also directors for the purposes of company law. have pleasu tsi preSting their report and the financial stalements for the charitsble company for the year ended 31March 2024. The Trustees have adopted the prov15ions of Accounting and R8porb"ng by Chariti8s.' Slatsment of R8commended Practice applicabie to charities preparing their accounts in accordan wtth the Finana81 ReFrt)rtlng Stsndard apFAicable in the UK and the Republic of Ireland {FRS 102} leffeclive 1 January 2019). OWECTIVES AND ACTIVITIES Objoctlvgs and alm8 The company is a charity promoting h8alihy r8creation Fn Hackney through a variety of class&s such as yog8 and pilal6s. Yogahome also provides yoga dasses and therapeutlc ma55age to a range of sthools and community groups Hackney.Th8S8 classes are funded entirely by Yogahome and are fre8 to th8 receiving organisation. Currént charitable provislon Includes.. Yoga and massage for the Elderty.. Ashley Court N16 Benabo Court E8 Thirlmere Hous8 N18 Morel Court E2 Adelaida Court E9 Limèlr88 Court E5 Plumpton Lodg8 ES Cohen Lodge E5 Yoga for children with special educakn.onal nee(Is: Evering Road Playgroup E5 Pearson Str881 Adventure Playground E2 Orchard Prlmary School E9 Young Hackney E8 Mossbourne Parkside Acamd8y E8 Shoredltch Park Prlmary Schcol N1 Yoga and massage for parents and carers of chlldren wtth auilsm.. Th8 Garden School N16 Yoga for Turkish, Kurdish and Turkish Cypriot women.. IMECE women's community centre N1 Day-mer community centr8 N16 Massage for elderly and mothers. groups of Afrlcan Caribbean h&rttage: Claudi8 Jones Organisation N16 Massage for slngle parent famllles and hostel families: Round Ch8pel F8milies Project E5 Massage for women experienclng severe disa(fvantsge durfng pregn8ncy. birth and early parenting: Birth companions N5 Massage for women worklng In Ihe sex Industy.. Open Doors Project {Hom&rton Univver5ity Hospital) E9 Subsidised paranting course for parents of children under 5". Yogahome N16 Yoga for gehools.. Pelchey Academy E8 Our Lady and St Joseph's RC Primary N1 Clapton Girls Academy E5 Baden Powell Primary Sthool E5 Holmleigh Primary School N16 Grazebrook Primary School N16 Woodberry Down Primary School and Nursery N4 Shacklewell Primary School E8 William Patten Primary SchcNJl N16
Yogahome Report of the Trustees Continued For the year ended 31 March 2024 Statarnqnt on publlG nofft The twstees have considered the Chanty Commision's swidanL¥ put41¢ benefit, induding the guidance 'publi¢ benefit.. running a charity {P82)'.
Yogahome Report of the Trustees Continued For the y8ar anded 31 March 2024 ACHIEVEMENTS AND PERFORPfiANCE Significant activltles Yogahome Trustees Repcyt 202&2024 1. Social Prescribing partnership W8 continued to open the dcK)rs of our str*Jios to people who wouldn't conshY8r or canl afford attending our regular dass85. In the past we have gone lo ¢ommunty centres to support harder-t(Keath COMMUnes. so 11 ha$ been wonderful to be able to welcome them into our hom8. hen other doors to seNlces have been closed for some patients, Yogahom8 has always been open. Some of our most complex patients. who struggle lo access servKes for Itg-terM support. find that Yogahome provld8S th8m with a moment to pause and fie¢t when fe around them feels out of CtrOl.. SLKial prescriber Thls strand targeted people who are deallng wlth the Impaca of isolation. mental health condillons, chronlc paln and chronlo fatigue. W8 wére working in partn6rship with Social Prescribing Hackney and local Health and Wellbing Coordinators lo refer P8rtlclpants to our 47weekly 14)our sessbns een AFrfiI 2022- M8r 2023. creating around 500attendances in lolal. Sessions were offer8d in parson in the Studio and onfin6 on zoom. rf coming to the stJ10 was challanging. Sèssions wer8 personalised to the small group that attended, taklng into conshderatKM the specific needs of each person. Sesslons included gentle movement, sp8cialised breathing 8x&rcis8s and guld8d r8sl tethniques. whlch, unlqu6ly, w8r& accompanied by cutting edge sound heellng. The combination of these modalltles VRS sp8cificalty geared to strengthen th8 body and help handle symptoms wlth more reslllence. The response has been Staggering. 100% of participants said they are uslng the tools introduc8d in the sessions al home to 8118V4gte a hard mcAn8nt. and 70% 88KI they were 8bl8 lo reduce visits to their GP as 8 result of attending the sessions regutarly. soclal prescriber said.. Yogahome has really helped address 8 gap I have enCJntefed for palienls wllh long-18rm conditions like fibromyalgia, chronic fatigue. depression. l also work with people in north Hackney where ther8 arè even fewer resources and havg really appreclated being able to refer to a local place that Is feaslble for patients wlth such condllons to att8nd'. From th6 words of our particlpants.. "I h8ve such trouble sleepSng. 8nd one momlng I closed my ey88 8fMJ went to the place you taught us where we are not alone. I dld the exercises we dkl In the class and it really helped shrfi the feellng I was feellng beforehand and grounded me.. "sessions heve made hèr grow stronger and feel b88Utiful in a w8y no olher trealm8nt has". 2, Partn8rship with St. Pauls Church in Hackney. Targeting their over 60's communilies with a weekly 1thour sesslon of cornbined mcKJalftles Induding: a strengthening fall prevention session, followed by a refrèshment br9ak and then a short relaxation and breathing techniques s8ssion. All geared lo reduce isolation and Stngthen the body and mk1 to ensuro participants can live Indepgndendy for bnger. So far W8 have had over 200 attendances and excdlent faadback. 3. Other Provlslon Working with He8tla and Xenia, both fwnale led domestic abuse SUPkM)rt organi8ations In Hackney. In order lo dellver yog8 se&8ion$ for mental health and physic81 wel b81ng. Weekly boxing classes wlh Leaways schoc4 in Hathey. wlwth prolides sernrycas to exdLKl8d pupils. in order to 8ng8ndÈr self confidence and control in their secondary schcol age puplls. Weekly yoga sesslons for carers of chlldren with SEN at the Garden School and other settings, which provlde speclaSist education for 4-19 year-olds who are outside of mainstr6am educatn. Fortnighily yoga s6ssions for women refugees in Hackney at Shoreditth TrusL 4. Future Prtsvlslon W8 are -SrtIng our provision of yoga for chikjren with SEN in mainstream sdlools and nurseriés in Hackney. This programme was halted duriro lockdown and recruitment ft)r the speclalisl role of SEN chlldren's yoga teacher has proved difficult as our pr8vious SEN teachers had moved out of the area. We now have sOMee in place and will Cornmen th8se dasses agaln In 2025. ProMding yoga sessions to support pregnant women and new mothers Holk)way Prison in conjunction with the Birth Companions charity.
Yogahome Report of the Trustees Continued For the year ended 31 March 2024 Prowding yoga sessions to th8 residents of the Broadwater Fami 8Statè tn HaGkney in conlunction wrth Qult Club which is 8 community quilting and sewing Organisan to foster mèntal health wellbelng and community coheslon in order to counter social isolation. In addition to providing yoga dasses. we will also pay thg group members to creats c#Jshion covers for our yard area at Yogahome. thus provldlng a srnall inu)rne for those )ncemed. FINANCIAL REVIEW Reser4es The reserves policy is that at least 3 Mth$ expendiiure is to b8 retained as reserves at all tins which equates to £150,000 approximately. In this financial period Ihe reserves were above this level. STRUCTURE, GOVERNANCE AND MANAGEMENT Governlng do¢ument The Charitiès goveming d0ments ar8 tts Memoranc£lum and Artid8s of AssocisatM?n.There ar8 five trustees for Yogahome. only tsvo of which a directly Invofved In the day to day management of the charity, Marla Gandy and Blllle Chan. Th8 Yogahome consts'tulion is based on th8 folbjwing prinaple8'. - Collective decision making.There Is no leader, all dedslons affectlng th8 organisatkfyn are made collectfvely al meetlngs. -This syst8m r8quires that all members are to respect th8 decision making proc8ss 8nd th8 d8ci$ions that are made whether they are in agreement or noL -Tasks, rol8s and responsibilili8s ar8 shared out in order to sustain Ihe organisation -A mlnimum of tt¥o trustees are r8qulred to ratrfy imFK)rtant decisic$ for the Organisati. Important dedslons are made lxl18ctivY at meellngs. Meetings are arranged as requiréd exc8pt for th8 AGM which ts held in Decemb8r 8ach yèar. In addition to the scheduled meeting any truslee or membér of staff can call an extraordinary meetlng al any time. If 8 trustee or member of stsff w8hw8 to call an extraordlnary mèellng. at least weeks, notice Is requiréd. Al Irustees or m8mb&rs of staff can put fOard any agenda item thoy wsh for a méa"rKJ. Th8 agénda is circulatèd o weeks before the meetlng. Any truslee or member of staff can add an agenda item 8t the start of a m881ing. auorum vel Is 3 people. If no Consensus is rgached maiodty voting Is used to rgach a declsion. Mlnute8 of the meeilng are circulated lo members within hvo weeks of the date ol the meeting. REFERENCE AND ADMINISTRATIVE INFORMATION Name ofcharfty Charity roglstration numbor Company reglstratlon numb8r Principal addro Yogahome 1119260 0570521x1 11 Allen Ro8d London . N16 8SB Tru$t••8 The trustees and officers servlng during the year arKi slnce Ihe year end were as follows: Billie Chan Marfa Gandy James Hewson (Reslgnod: 01 Saptember 2023) Caroline Bozkurt (Resigned: 01 Septemb8r 2023) Lara Hooker IResign8d: 01 September 2023) Secretsry Ms Bilie Chan
Yogahome Report of the Trustees Continued For the year ended 31 March 2024 Independent examlner Andrew M Wells FMAAT Counterculture Partnershlp LLP Bank chamb8. Main Street Hawes North Yorkshire DL8 3QL Approved by the Board of Trustees and signed on its b8haW by Maria Gan Il/l2124
Yogahome Independent Examiners Report to the Trustees For the year ended 31 March 2024 I report to the trustees on my examination of the acc(nts of the charitat48 company for the year ended 31 March 2024. R•$ponslbllltles and basls of report As the charity Trustees. who are also dirèctNs the purrKws of company law. are responsib18 for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 Ilhe 2006 Acfl. Having Satisfied myself that the accounts of the Company are r1 required to be audlted under Part 16 of the 2006Act and are eliglble for Independent examination, I report in respect of my examination of your charills accounts carried out under section 145 of the Charities Act 2011 (Ih8 2011 Acf). In ryng out my 8xaminallon I have followed the Directions glven by Ihe Charity Commission under 5ectk)n 14515){b) of the 2011 Act. Indepondent examlners stalomont Since the Chantsble companys gross hKome exceeded £250,CM)O, your examiner musl b8 8 mfrmber'of 8 body list8d in sectlon 145of the 2011 ACL I confimi thai l am qualffied to undertake the examlnallon by virtue of my membershlp of A880ciatior¢ of Accounting Technicians. which is of tho listed bodte8. I have completed my examlnatlon. I conflrm that m mattérn have ¢4)me to rny att8ndon in nnectIOn wtth the examSnatSon giving mè caus8 lo bel'eve that in any matanal r8SP8Ct'. 1. accounting records were not kept in respéct of th8 Company as Ured by sectbon 386 of the 2006 Act,. or 2. the accounts do not accord wSth those records,. or 3. the accounts do not comply with the reqU1ments of section 396 of the 2Crf)6 Act other than any quireMent that the accounts give a Irue and falr vlew, which Is nol a matter consldered as part of an independent examlnation., or 4. the accounts have not b88n prepared in accordance with tho methods and Princi85 of the Slatement of R8comm8nd8d Pracb'ce for accountlng and rep)rtlng by charities appmcable to Charlties preparing their accounts in accordance wlth the Financial Reporknng Standard applicabl6 in th8 UK and Republic of Ireland IFRS 102). I have no concerns and have come across no other matters in connectlon with the examlnatlon to lthlch a#enlJon should be drawn in this port in order to enabl8 8 proper understsnding of tho 8ccounts to bè réached. Andrew M Wells FMAAT Counterculture Partnership LLP Bank Ch8rnb8rs, Main Street Hawes North Yorkshire DL8 3(JL 11112124
Yogahome Statement of Financial Activities (Including Income and Expenditure Account) For tha year ended 31 March 2024 Unrnstricted funds 2023 Income and èndowments from: Donations and legaoes Charitable aclivits.es Investments 214 848,511 993.644 2,306 Total 995.950 848.725 Expendlturg on: Raising funds Charitable activiti8S {60} (819,6251 (819,6851 516 {981,2071 {981,207) Total Net Incomo 14,743 29.040 R6conclllatlon of funds Total funds brought foThv8rd Total fund$ ¢arried forward 240,000 254.743 210,960 240,000
R8gist8r8d Numb8r '. 05705200 Yogahome ststement of Financial Position As at 31 March 2024 Notes 2024 2023 Fixed assets Tangible assets 13 29,641 53,804 29.641 53.804 Current assets Debtors Cash al bank and In hand 14 29.461 274,938 304.399 (79,297) 12,990 220,020 233.010 {46,8141 Credltors: amounts falllng duo wllhln ono 15 Nat currgnt as50ts 225,102 254.743 186.196 Total ass•ts I9 Current liabilltl•8 240,000 Not a888ts 254,743 240,000 Thè funds of the charlty UnrestrScted Income funds 16 254,743 240,000 240,000 Total funds 254.743 For the year end8d 31 March 2024th8 company was tilled to exemption from audit under Sect)n 477of the Compani8S Act 2006 relatlng to small companles. Thè m8mb@rs have not required tho ccwnpany to cthin an a(Klit of its accx)unts for tho year in qug8tion in accordance wRh se¢tlon 476, The trustees acknowledge thelr responslbllllles for comptylng Ihe requlrements of the Act wlth resp8cl to accoUnn9 records and the pr8paralion of accounts. Thesé accounts have been prepared in accordance with thè provisions appllGable to cx)mpanles subl8ci to the srnall companles. regirre. Th8 financial statements were approved and authoii88d for issue by the Board and signed on ts behalf by.. 11112124
Yogahom• Cashflow Statement For the year ended 31 Mah 2024 2024 2023 Cash flow from operating activitigs Cash generated from operations 54.918 18.717 Dividends. intsrest and rent from invesbnents Purchase of tangible assets 54,918 18,717 Cash and cash equivalents al beginning of year 220,020 201,303 Cash and cash equivalents at end of year 220 020 Cash g•n•ratsd from operations Nel movèmént In funds 14,743 29.040 Adjustments for.. Depreciation and amortisalion of fixed assets Dividends, interest and rent from investments 24,163 24.641 Movement In worklng capllal Ilncreasè)Idecr8as8 In stocks Ilncreas8)Idecr8ase In d8blors Increasel(Decreasel In ¢redltors (16.471) 17.739 Cash generated from oparatlons
Yogahome Notes to the Flnancial Statements For the year ended 31 March 2024 1. Accounting Policie¥ Bas18 of aoUnting The financial staternenls have been prepared under th8 histoncal Cost convenkn"on. except for inveslments which are included 8t rnarket value and the revaluation of certain fixed asse15 and in accordance with the Charttses SORP (FRS 1021 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable lo ehartbes preparing Ihelr accounts in accordance with the Finanual Reporting Standard apwli¢ab18 in the UK and Republic of Ir81and {FRS 102) {effective 1 January 20191.. Financial Reporb"ng Standard 102 the Financial RewKbng StaTrJard applicatrAe in the UK and Republic of Ireland (FRS 102). and the Companies Act 2006. Yogahome meets the definition of a public benefit entity under FRS 102. Assets and liabilities a iniiTally recognis@d at hlslorical cost or transaction value unless otherwise stated In the relevanl accounlng PKilicy note(sl. Going concèrn The financSal ststements are prepared. on a goirvJ concem basis. under the historical cost Lx)nventlon. Fund8 The Gharity maintains a general unr8$tri¢ted furnl which represents furKls bthlch a expendable at the discretion of the trustees in furtherance of the obj8¢ts of th8 tharily. Such funds may be held in order to finance both working cApital and capltal investmenl. Deslgnaled funds comprfs8 of unrestricted fijnds that have boen set ashae by the Truslees for partl¢ular purposes. Restricted funds have been provided to the charity for particular purp)ses, and il 1$ the policy of the board of trustees to carefully monrtor the application of those funds in accordance with tho restricb'ons placed upon them. There Is no formal polky of Iransfer between funds or on the allocallon of funds to d6shJn8ted fund8, other than that described 8bov8 Incomlng r•80ur¢o8 All Incoming resources are induded in the st81ement of flnanc1818Ctlvilles bthen Ihe Charity18 entlll8d lo th8 Income and the amount can be quants'fied with reasonable accuracy. Resources exnd•d Liabili118S arè r8Ctsgnised 8s f8S¢)urc8s 8xpend8d whgn there is o legal or o)nstructiv8 obligation committing the Charity to thé 6xpendilure. Tanglblo Ilxed assgts Tangiblè fix8d assets, olh8r than freehold land, are staled at cost or valuatlI8sS depwation and any prowsion for Impairment. DepClatk1n is provided al rates calculated to write off the cost or vaat)n of fixed 8ss8ts. less thair eslimaled residual value, over thwr expected usofvl lives on tho fdlowing basis." Land and buildings Plant and machlnery 15% Strdh3ht Ilne 15PA Reduclng balance Itrecovornble VAT IeCOVerable VAT is included in the Statement of Flnancial Activities, and is reF¥yled as part of the expenditure to which it lates. 10
Yogahome Notes to the Financial Statements Continued For the year ended 31 March 2024 2. Income from donatlons and lega¢los 2D24 2023 Grants recefved 214 214 3. In¢omo frorn ¢haritablo a¢tiviti•s 2024 2023 Unr•strlcted funds Héalthy r&cr68tion Provision of yoga and workshop sessions 993,644 848,511 4. Expendlture on generatlng donatlon8 and l0g4¢10$ 2024 2023 Oonatlon$ 60 80 5. Costs of charltsble actlvltlos by fund type 2024 2023 Unrestrl¢t•d funds Healthy recrealion Support costs 488,732 492,475 379,493 440,132 981.207 819.625 6. Costs of Gharltable actlvllles by actlvlty typo Acllvltles undertaken dlrè¢tly Support costs 2024 2023 Support costs Healthy recreation 488,732 492,475 981,207 819.625 11
Yogahome Notes to th8 Financial Statements Continued For the year ended 31 March 2024 7. Analys18 of 8UPPOrt costs 2024 2023 Hgalthy recreaOn Management Flnance Governanc8 costs 491,022 438.423 796 1,453 913 492.475 440,132 8. Net Incomelloxpondlturo) for th• yoar This is ststed after chargingl{cr8diting}.' 2024 2023 Oepreci81ion of ¢)wned fixed assets Accountancy fees Staff p8nsion ¢onlributions 24.163 1,440 4,990 24,641 900 4,509 9. Staff Cta and •molumoTrts Total st8ff o)8ts for the year ended 31 March 2024 were.. 2024 2023 Salaries and wages Soclal securfty costs Pension eosls 250,789 13.596 4,990 230,800 14,259 4,509 269,375 249,568 No employee eamed more than £60,0 durfng the year (2023'.nll) The totsl employee berits of the key managemerrt personnel of the c*arfty wer& £98,728. 2024 2023 Charitabl8 activities 12 12 12
Yogahome Notes to the Financial Ststements Continued For the year ended 31 March 2024 10. Trustge romungration and related party transactions During the year two trustees, Maria GdY and Bllie Chan. were paid salaries of £43.9)O each. No salary was paid in respect of services as a trustee. 11. Comparative for the SLilement of Financlal Activlti The comparativ8 year values on the Ststement of Financial Activites are for unreslricted funds. 12. Intanglble flx•d a88018 Intanglblo asset 3 Cost or valuatlon Al 01 April 2023 At 31 March 2024 40,000 40,000 Amortl8atSon At 01 April 2023 At 31 March 2024 40,000 40,000 Net book valua$ At 31 March 2024 Al 31 March 2023 13. Tanglble Ilxed assets Land and buildings Plant and machlnery Co8t or valuatlon Total At 01 Aprll 2023 At 31 March 2024 143.048 143,048 77,497 77,497 220,545 220,$45 Depreclatlon At 01 April 2023 Charge for year At 31 March 2024 107,285 59.456 166,741 21,457 128.742 2,706 62.162 24,163 190,904 Nét book value$ Al 31 March 2024 14306 1S,335 29,641 At 31 March 2023 35.763 18,041 53,804 13
Yogahome Notes to the Financial Statements Contlnued For tha yéar énded 31 March 2024 14. Debtors 2024 2023 Amounts due wlthln one year: Trade debtors 11.273 2,044 9.296 Prepayments and accrued Income Other d8btors 16,144 3,694 29.461 12,990 15. Cradltorx: amounts falllng duo whhln on• y•ar 2024 2023 Trade creditors 44,603 32,354 2,340 45,744 170 other creditors Accruals and deferred Income 900 79.297 46,814 16. Mov•m•nt In funds Unrnstrlcted Funds BalanrA at 011IM12023 Incomlng r••our¢•• Outgolng rosour¢•s Balanca at 3110312024 General General 240.000 995.950 (981,2071 254,743 995,950 (981,20n 254,743 Unr•strlctsd Funds - Provloug y8ar Balance at 0110412022 Incoming rosourcos Outgoing sourc Balance at 3110312023 General General 210.960 848.725 (819,6851 240.000 210.960 848.725 (819.6851 240.000 14
Yogahome Notes to the Financial Statements Continued For the year ended 31 March 2024 Purpo80 of unrestricted Funds Gen8ral The purpose of the general fijnd is to protte healthy rEuealion 17. Analysls of nét assets bgtween funds Intsnglb Yanglble flx•d a88•t• fix•d a•••ts et current *$#tt# I {Ilabllltle•l Ngt A$$•ts Unre8trlcted lund$ G8n8ral General 29.641 225,102 254,743 29,641 225.102 254,743 Prevlous year IntsngllA Tanglb flx•d •ss•t• flx•d i¥•ets Not current aS8•ts 1 Illabllltl••l N•t A•••t# Unre8trl¢ted fund$ G8n8ral General 53,804 186,196 240.000 53,804 186,196 240.000 15